Lot 16 Snow Road
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 21, 2010 | Sold | ||
| Sold | |||
| Sep 21, 2009 | Listed by RE/MAX Partners | $380,000 | |
| Listed by RE/MAX Partners | |||
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NEW CONSTRUCTION AT DESIREABLE SCOTLAND HEIGHTS, A 82 LOT SUB DIVISION 3/4 FINISHED. ENJOY DELIGHTFUL OPEN FLOOR PLAN WITH 2 STORY FOYER, LOTS OF HARDWOOD, CABINET PACKED KITCHEN WITH GRANITE COUNTER TOP, ISLAND AND LARGE EATING AREA WITH DOOR TO 12X16 DECK, CATH. GAS FIREPLACED FAMILY ROOM, FORMAL DINING AND LIVING, FIRST FLOOR LAUNDRY. 2ND FLOOR OFFERS 3 SPACIOUS BEDROOMS AND 2 BATHS. LOT HAS GRASSED EASEMENT ON SIDE AND REAR. GOOD SIZED YARD! CAN BE READY FOR JANUARY OCCUPANCY.
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| Mar 31, 2000 | Sold | ||
| Sold | |||
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